Nvidia and Upbound are surprisingly cheap stocks in today's investing environment. Nvidia, the world's largest company by market cap, is trading at 23 times this fiscal year's adjusted earnings and just 16 times next year's multiple, with revenue expected to rise 82% this year and 41% next year. Upbound, the parent company of Rent-A-Center, offers a 7.4% dividend yield and trades at a little more than 5 times this year's adjusted earnings, with a payout ratio of just 37% at the midpoint of its guidance. Risks for Upbound include a softening economy, substantial debt, and potential regulatory challenges.
NVIDIA CorporationArticle highlights Nvidia's low valuation multiples (23x this year, 16x next year) and strong revenue growth, suggesting it is undervalued.
Upbound Group Inc.Article highlights Upbound's low P/E ratio (5x) and high dividend yield (7.4%), suggesting it is undervalued.